Shares in Petards plummet 22% as directors predict full-year loss
Shares in North East tech firm Petards have plummeted after the company told shareholders it expects to swing to a full year loss amid contract delays.
The Team Valley firm, which makes security and surveillance systems for the rail, traffic and defence sectors, issued a trading update following the end of its financial year on December 31 2019 in which it said it said it expects to post a loss…